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SOLD
MLS: 202306967
 
Asking Price: $1,825,000 FS - Fee Simple
Sold Price: $1,875,000
Sold Date: 06/30/2023
Type: Multi-Family
District: Metro
Address: 509 Lauiki Street, Honolulu, HI
Neighborhood: Kapiolani
Land Area: 7,199 SF
Parking: Assigned,Covered
Days on Market: 990
Year Built: 1952
Easements: Sewer
Zoning: 13 - A-3 High Density Apartmen
Land Recorded: Regular System
Property Taxes: $523,.98
Assessed Value: $1,872,200,.00
Assessed Ratio: 97.48%
Listing Courtesy: Commercial Inv. Strategies
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Iolani school neighborhood GEM! Super desirable neighborhood with maximum rentability with solid, seasoned rents and great rental comps demonstrating ultimate rentability for value-adding to market rates. Don’t miss out on this rare opportunity to own these just under 700sf two bed units with nice grassy yard and covered one-to-one parking on a very nice-sized lot. Add your own coin laundry and charge for parking for more income. All tenants on MTM agreements. PLEASE do not disturb tenants or walk/ park on property. All washing machines are tenant-owned, separately metered for electricity.


 
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